Japanese yen jumps against dollar hours after intervention

ATFX was honored to participate in the ACBC NSW Chinese New Year Gala 2025, a premier event that brings together business and government leaders to celebrate the strong economic relationship between Australia and China. Held on February 10, 2025, at Doltone House Jones Bay Wharf in Sydney, the event provided an opportunity to engage with…

(Reuters) – U.S. President-elect Donald Trump on Saturday said he would “most likely” give TikTok a 90-day reprieve from a potential ban in the United States after he takes office on Monday. “The 90-day extension is something that will be most likely done, because it’s appropriate,” he told NBC in an interview. “If I decide…

EUR/USD’s gyrated lower last week but recovered ahead of 1.1662 support. Initial bias remains neutral this week first, and further rise is in favor. On the upside, sustained trading above 61.8% retracement of 1.2081 to 1.1408 at 1.1824 will pave the way to retest 1.2081 high. However, firm break of 1.1662 support will indicate the…

Eurostoxx +0.1% Germany DAX flat France CAC 40 +0.2% UK FTSE +0.2% Spain IBEX +0.3% Italy FTSE MIB +0.4% Overall, the market mood remains more tentative at best with US futures also continuing to keep flattish on the day. There’s no major catalysts to work with, leaving investors having to fend for themselves on the…